Finance News - Emigrate UK Page 39

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Retired Aussies head for Southeast Asian expat hotspots

Retired Aussies head for Southeast Asian expat hotspots
As Australia’s cost of living continues to soar, increasing numbers of retirees are packing up and heading for cheap expat havens in Southeast Asia. A new book by Australian couple Stephen and Colleen Wyatt reveals the diaspora and explains that Australian pensioners can save around 80 per cent of their living costs by making the move....

Is Asian dream fading for expat financial professionals

Is Asian dream fading for expat financial professionals
Hong Kong and Singapore have long been dream locations for expats looking to further their careers in the international financial sector, but new rules and significant changes are seeing openings receding. Nowadays, the focus in Asia’s financial industry is shifting from the hiring of expat professionals to employing local staff with...

Singapore tax regime and lifestyle proving irresistible to wealthy migrants

Singapore tax regime and lifestyle proving irresistible to wealthy migrants
An increasing number of ultra-wealthy expats are relocating to Singapore for its friendly tax laws and top of the range lifestyle. The city-state now ranks in the Global Cities Index as the third-most attractive destination for multi-millionaires and even billionaires after London and New York. The who’s who of international Forbes’...

Is emigration really the answer to austerity

Is emigration really the answer to austerity
The reality of austerity in the UK and the realisation it’s not going to improve in the near future is tempting many to uproot their lives and move overseas. The British economy’s giant black hole has resulted in tax upon tax being piled on top of cost of living increases and the decline in public services. More UK citizens than ever...

Spain is favourite migration destination for benefit cheats

Spain is favourite migration destination for benefit cheats
Spain is famous as an expat destination for its sun, sea and sangria, but it seems it’s also infamous as a convenient destination for those wishing to cheat the UK benefits system. Almost 800 cases of benefit fraud by expats in Spain were discovered in 2013 by investigators from the UK Department of Work and Pensions (DWP). Many more are...

Irish couple claim bank repayment demand forced New Zealand emigration

Irish couple claim bank repayment demand forced New Zealand emigration
A couple from the Republic of Ireland who recently emigrated to New Zealand claimed in the Irish High Court that Ulster Bank’s unlawful demand for a loan repayment had forced them to leave the country. The couple, formerly residents of Rathdowney in County Laois, had emigrated to New Zealand rather than repay a loan of over a million...

More than a third of British degree students looking to study overseas

More than a third of British degree students looking to study overseas
Spurred on by a sense of adventure and the decidedly lower cost of degree courses at overseas universities, increasing numbers of British students are packing their bags. Results of a recent survey by the British Council have revealed that 37 per cent of degree course students are considering universities in the USA, Australia and several...

Thousands of wealthy Chinese buying their way into New Zealand

Thousands of wealthy Chinese buying their way into New Zealand
Immigration into New Zealand is at an all-time high, driven by wealthy Chinese buying their way into the country via investor residence visas. In 2013, the number of migrants arriving in New Zealand spiked to an all-time high, helped along by 6,200 Chinese immigrants, half of whom bought their visas and residency permits under the...

UAE drop in expat salaries may threaten executive level emigration

UAE drop in expat salaries may threaten executive level emigration
Those planning to emigrate to a higher-salaried position in the United Arab Emirates may see their plans scotched by a reported fall in average salaries. A recent survey revealed that, although CEOs and MDs at top international companies based in the UAE still receive the highest wages, a fall in the average salary over the past year is...

Switzerland economic growth to be hit by referendum

Switzerland economic growth to be hit by referendum
A survey carried out earlier in the week has revealed that leading economists believe that Switzerland’s growth will be severaly hit by plans to limit immigration quotas. Bloomberg’s monthly economics survey today stated that 16 of its 21 responses from leaders in the field said the country’s economy would be hard hit by the...